The latest sell-off came after the video game chain announced plans to raise $1.3 billion through the sale of convertible ...
Shares of GameStop (GME) are under pressure on Thursday, reversing course after rallying on Wednesday, following the company’s announcement ...
GameStop announces a $1.3 billion convertible notes offering with plans to potentially buy Bitcoin — mirroring ...
GameStop didn’t say how much Bitcoin it would buy, but at the current price of $85,368, the full $1.3 billion could purchase ...
Under the latest sale, a round of convertible debt will require issuing ... "We suspect that GameStop's share price will drift lower prior to the issuance of the convert, particularly given ...
GameStop adopts bold strategies like Bitcoin reserves & convertible bonds to offset decline. Explore its pivot for ...
GameStop shares plunged 22% and the company shed $3B in market cap as analysts question its decision to buy Bitcoin.
GameStop Corp. shares slumped as investors responded to the company’s plans to load up on debt in order to buy Bitcoin.Most ...